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Arbitrum Security Council Freezes 30,766 ETH Linked to KelpDAO Exploit
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Arbitrum Security Council Freezes 30,766 ETH Linked to KelpDAO Exploit

Funds linked to the exploit were frozen and moved to a secure intermediary wallet beyond the attacker’s reach.

The Security Council of Arbitrum has frozen 30,766 Ethereum linked to the KelpDAO exploit.

The council stated that the funds were transferred to a secure intermediary wallet that is inaccessible to the attacker, as part of efforts to contain the damage and protect user assets.

This action forms part of a coordinated and rapid response to the incident, aiming to prevent any further attempts to move or liquidate the compromised funds across networks.

Analysts note that such measures highlight the evolution of governance and security mechanisms within blockchain ecosystems, particularly in responding to complex DeFi exploits.

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